Belize Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Belize monthly trade data
Belize quarterly trade data

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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Belize

2020

Overall Exports and Imports

Exports
Exports (in US$ Mil) 212
No. Of products 488
No. Of partners 68
Imports
Imports (in US$ Mil) 787
No. Of products 3,079
No. Of partners 111

Trade Indicator

HH Market concentration index0.14
Index of export market penetration1.50
World Growth-3.91
Country Growth7.05

Service Indicators 2020

Service imports (BoP, current US$)170,386,731.96
Service exports (BoP, current US$)427,424,703.03
Imports of goods and services (% of GDP)55.31
Exports of goods and services (% of GDP)55.02

Belize top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United Kingdom63 29.60
United States50 23.46
Ireland17 8.26
Mexico12 5.85
Jamaica11 5.35
Exporter Trade (US$ Mil) Partner share(%)
United States319 40.49
China113 14.37
Mexico102 13.01
Guatemala68 8.62
Trinidad and Tobago14 1.72

Belize Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials72 34.16 20 2.50 9.48
Intermediate goods79 37.09 130 16.46 6.60
Consumer goods59 27.81 485 61.63 27.32
Capital goods2 0.79 152 19.28 6.50

Top 5 Products exports imports at HS 6 digit level

Exports
Raw cane sugar, in s ...54,569.66
Bananas, including p ...43,820.51
Frozen orange juice, ...19,832.92
Beer made from malt10,884.85
Frozen rock lobster ...10,534.77
Imports
Petroleum oils, etc, ...67,371.99
Cigarettes containin ...49,033.18
Beer made from malt12,250.65
Portland cement (exc ...11,345.81
Other food preparati ...10,818.42

Tariff and Trade Barriers for Belize

Tariffs 2020

No. Of Tariff Agreement 6
Simple Average (%) 11.76
Duty Free Imports (US$ Thousand) 164,803.82
Maximum Rate (%) 493.70
Weighted Average (%) 18.69
Duty Free Tariff Lines Share (%) 18.92

Overall Trade Restrictiveness Index (OTRI) 2009

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff (2009)0.07
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.07

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All...

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2020 WDI »
Population383,071
GDP (current US$ Mil)1,764
GNI per capita, Atlas method (current US$)3,970.00
Trade Balance (current US$ Mil)-5.00
Trade Balance (% of GDP)-0.29

Doing Business

2019 Doing Business »
Ease of Doing Business Rank135
Trading Across Borders Rank114

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

LPI »
LPI Score...
LPI Rank...